12-02-2009, 12:48 PM
Hoofhurr Wrote:Let me ask you this. Is it possible for everyone on the planet to be rich if they work hard enough? Why or why not?
Do you mean equally rich? Or just rich? And if the second, I think we need to define rich.
I've thought about this before. As a datapoint, if we divided up the current household net worth of the US (54 trillion last time I checked) that would leave each person with 176,000 bucks. So a family of 4 would have a net worth of about 700K. If we did a similar thing to income, each person would make about 42K per year (assuming everyone from age 0.1 to 105 worked). Is that rich? Now of course that's for the US, one of the richest countries in the world. I don't have the numbers to expand this out to planet earth as a whole but obviously the numbers will go way down, maybe by 10 times or more. Of course, continuing to think along these lines will get you labeled a commie pinko so I will stop here.
What are you Hoof? Some kind of commie pinko?
"Hamilton is really a Colossus to the anti republican party. Without numbers he is an host within himself. They have got themselves into a defile where they might be finished but too much security on the republican part will give time to his talents and indefatigableness to extricate them. We have had only middling performances to oppose to him. In truth when he comes forward there is nobody but yourself who can meet him. His adversaries having begun the attack he has the advantage of answering them and remains unanswered himself. For God's sake take up your pen and give a fundamental reply to Curtius and Camillas" - Thomas Jefferson to James Madison